3M Company Stock: Hello Old Friend

There is a list of about a dozen or so businesses that I have never gotten a chance to talk about because they have always been overvalued. 3M is one of those companies that is incredibly diversified in a Johnson & Johnson meets Honeywell meets Kimberly-Clark kind of way, and I have known darn well that investors in the stock have been able to sit back, collect their dividend that rises 7% or so every year on average with at least some increase coming in all economic conditions, and reap those 11-13% annual returns.

If your goal is to search for those opportunities that enable you to make a single buy decision, then kick back and become a beneficiary of the passage of time as distribution facilities increase, efficiencies in the manufacturing process are introduced, new products are developed, prices are raised, stock is repurchased, and dividends are paid, 3M … Read the rest of this article!